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XRP is facing a strong resistance level on its path to the $3 price level and above, with the past 24 hours witnessing some sort of rejection at this resistance level. XRP price action has gradually built momentum in May, leading to a sharp move toward the upper $2.60 range. On May 12, XRP briefly touched $2.63 before retreating slightly, now trading around $2.57. Directly ahead is the major resistance at $2.69, and technical analysis shows that this zone now holds the key to whether XRP can continue its march toward $3.00 or undergo a pullback for consolidation.  $2.69 Resistance Is Technical For XRP Price Crypto analyst CasiTrades has highlighted the $2.69 price point as an important resistance level for the XRP price moving forward. According to the analyst’s chart, which accompanied a post on social media platform X, this level represents the 0.236 Fibonacci retracement from XRP’s all-time high and is a key level to watch for correction.  Related Reading: XRP Price Marks Confluence Support, Technical Indicators Put Next Stop At $3 Notably, this zone has led to multiple retracements since December 2024, with each attempt seeing sellers quickly step in to defend it. It even proved difficult to break when XRP broke to reach $3.3 in January, and an order block was created on the daily candlestick timeframe just before the ensuing rally above it. As noted by the crypto analyst, momentum indicators have remained relatively muted during XRP’s recent rally. The crypto has also completed what appears to be a full 5-wave Elliott count from the analyst. However, instead of a retracement, the price has pressed forward slowly alongside the rest of the crypto market. This slow, controlled push higher often signals strong underlying demand, strong trend, and heavy accumulation. As it stands, the only thing left to do is to see how the XRP price performs at the $2.69 resistance. Breakout Or Rejection: Two Opposite Outcomes With High Impact The analyst warns that the $2.69 level could be a final barrier before XRP is cleared for a run toward $3.00 and beyond. A confirmed breakout, ideally with a strong daily candle close above this level, would invalidate short-term bearish pressures and cause a run above this level. Related Reading: XRP Price Still On Bullish Path To $5 As Long As This Level Holds However, if $2.69 once again proves too strong for bulls to overcome, the altcoin may enter a temporary cooling-off phase. In this case, the next logical support level is around $2.30, which is close to the 0.382 Fibonacci retracement level. This is another breakout/rebound zone that could offer a healthy reset for the XRP price.  In either scenario, the price behavior at $2.69 is expected to set the tone for the rest of May and determine whether XRP can extend its 2025 bullish trend. At the time of writing, XRP is trading at $2.57, up 4% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com

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Bitcoin ETFs broke their four-day inflow streak with a $96 million outflow led by Fidelity’s FBTC. Meanwhile, ether ETFs notched a solid $13.37 million inflow, marking their best daily performance in recent sessions. Fidelity-Led Exit Ends Bitcoin ETF Inflow Run as Ether ETFs Rally With $13 Million Bump After four consecutive days of green, bitcoin […]

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An artificial intelligence training image data set developed by decentralized AI solution provider OORT saw considerable success on Google’s platform Kaggle.OORT’s Diverse Tools Kaggle data set listing was released in early April; since then, it has climbed to the first page in multiple categories. Kaggle is a Google-owned online platform for data science and machine learning competitions, learning and collaboration. Ramkumar Subramaniam, core contributor at crypto AI project OpenLedger, told Cointelegraph that “a front-page Kaggle ranking is a strong social signal, indicating that the data set is engaging the right communities of data scientists, machine learning engineers and practitioners.“Max Li, founder and CEO of OORT, told Cointelegraph that the firm “observed promising engagement metrics that validate the early demand and relevance” of its training data gathered through a decentralized model. He added:“The organic interest from the community, including active usage and contributions — demonstrates how decentralized, community-driven data pipelines like OORT’s can achieve rapid distribution and engagement without relying on centralized intermediaries.“Li also said that in the coming months, OORT plans to release multiple other data sets. Among those is an in-car voice commands data set, one for smart home voice commands and another one for deepfake videos meant to improve AI-powered media verification.Related: AI agents are coming for DeFi — Wallets are the weakest linkFirst page in multiple categoriesThe data set in question was independently verified by Cointelegraph to have reached the first page in Kaggle’s General AI, Retail & Shopping, Manufacturing, and Engineering categories earlier this month. At the time of publication, it lost those positions following a possibly unrelated data set update on May 6 and another on May 14.OORT’s data set on the first Kaggle page in Engineering category. Source: KaggleWhile recognizing the achievement, Subramaniam told Cointelegraph that “it’s not a definitive indicator of real-world adoption or enterprise-grade quality.” He said that what sets OORT’s data set apart “is not just the ranking, but the provenance and incentive layer behind the data set.” He explained:“Unlike centralized vendors that may rely on opaque pipelines, a transparent, token-incentivized system offers traceability, community curation, and the potential for continuous improvement assuming the right governance is in place.“Lex Sokolin, partner at AI venture capital firm Generative Ventures, said that while he does not think these results are hard to replicate, “it does show that crypto projects can use decentralized incentives to organize economically valuable activity.”Related: Sweat wallet adds AI assistant, expands to multichain DeFiHigh-quality AI training data: a scarce commodityData published by AI research firm Epoch AI estimates that human-generated text AI training data will be exhausted in 2028. The pressure is high enough that investors are now mediating deals giving rights to copyrighted materials to AI companies.Reports concerning increasingly scarce AI training data and how it may limit growth in the space have been circulating for years. While synthetic (AI-generated) data is increasingly used with at least some degree of success, human data is still largely viewed as the better alternative, higher-quality data that leads to better AI models.When it comes to images for AI training specifically, things are becoming increasingly complicated with artists sabotaging training efforts on purpose. Meant to protect their images from being used for AI training without permission, Nightshade allows users to “poison” their images and severely degrade model performance.Model performance per number of poisoned images. Source: TowardsDataScienceSubramaniam said, “We’re entering an era where high-quality image data will become increasingly scarce.” He also recognized that this scarcity is made more dire by the increasing popularity of image poisoning:“With the rise of techniques like image cloaking and adversarial watermarking to poison AI training, open-source datasets face a dual challenge: quantity and trust.”In this situation, Subramaniam said that verifiable and community-sourced incentivized data sets are “more valuable than ever.” According to him, such projects “can become not just alternatives, but pillars of AI alignment and provenance in the data economy.“Magazine: AI Eye: AI’s trained on AI content go MAD, is Threads a loss leader for AI data?

Veteran wave technician “BigMike7335” (@Michael_EWpro) argues that the XRP token has just completed a textbook reversal on the daily chart. In a post that accompanied the chart shown below, the strategist quipped, “While you were busy being all excited about COIN being added to ES, XRP decided to breakout.” XRP Breakout Confirmed The annotated Bitstamp daily shows price clawing back to $2.5717, a 21% gain over the last seven sessions that decisively lifts the token through a six-month neckline sitting fractionally above $2.40. That horizontal barrier—coloured red on the chart—coincides with the top of a thin, downward-slanted Ichimoku cloud. Thursday’s close placed the candle not only above the Kumo but also above the 50-day EMA (orange), the 100-day EMA (aqua) and the 200-day SMA (dark blue), stacking the moving-average ribbon in a classic bullish configuration. The thrust completes an inverted head-and-shoulders that formed inside wave (iv) of a larger five-wave advance. The April swing low almost tagged the 0.382 Fibonacci retracement of the entire November-to-February impulse at $1.56732; wave “c” of that corrective leg created the pattern’s head, with symmetric shoulders in mid-March and early-May. Measured-move arithmetic from the formation’s $0.80 depth projects approximately $3.58—Big Mike boxes the target at $3.57638, exactly where the white arrow terminates on his chart and where the dashed vertical line identifies Wednesday, 18 June 2025 as a plausible time window. Related Reading: XRP Target Could Be $15 If This Pattern Is In Play, Analyst Says Market-profile data on the right flank strengthen the case: the heaviest volume node (green and tan bars) sits between $2.30 and $2.50, meaning the breakout thrust has already cleared the zone of greatest historical order flow. Above $2.80 the profile thins dramatically, implying scant overhead supply until the prior cycle’s upper channel rail near $3.00 and, ultimately, the $3.57 objective. Momentum gauges back the move. Daily RSI has reclaimed the 60-line and is rising briskly without yet entering overbought territory, while the stochastic oscillator has punched through its signal line and is accelerating toward the upper band—confirmation that impulse rather than mere short covering is at work. Related Reading: XRP Chart Hits Critical Level That ‘Opens The Sky,’ Analyst Warns Key risk markers remain below. Dashed support at $1.66027—the lower edge of the December–May broadening wedge—remains key; a failure to hold that level would invalidate the breakout thesis. Until then, the chart now offers bullish traders a classic post-neckline retest scenario, with the analyst eyeing $3.57 as the technical terminus of wave (v). For now, XRP bulls finally have a structure that justifies optimism—and, as Big Mike notes, they did it while the rest of the market was distracted by the inclusion of Coinbase (COIN) in the S&P 500 on Tuesday. At press time, XRP traded at $2.60. Featured image created with DALL.E, chart from TradingView.com